At the Government Finance Officers Association Annual Conference, today, Microsoft highlighted new public sector capabilities in Microsoft Dynamics AX 2012, an enterprise resource planning (ERP) solution.
"Dynamics AX 2012 delivers comprehensive ERP functionality combined with the specific capabilities government organizations need to operate and respond efficiently, quickly and reliably to constituent needs and legislative mandates. For e.g., funding for multiyear grants and projects is managed more easily with configurable budgetary controls that proactively track revenues, expenditures and personnel resources against defined budget objectives. The solution helps provide organizationwide accountability and increased citizen satisfaction, and helps address accounting requirements issued by the Governmental Accounting Standards Board and International Public Sector Accounting Standards," Microsoft stated.
"Public sector organizations have long experienced inflexible, legacy ERP systems, hindering their ability to support open government, compliance requirements and fiscal accountability," said Charlie Johnson, of Microsoft. "Dynamics AX 2012 will support these requirements at the rapid pace government organizations need to better serve their citizens."
Microsoft Dynamics AX 2012 is expected to be generally available in August 2011.
[Source: Microsoft Press]